Commodity ratio · live

Nickel Futures to Cocoa Ratio

The nickel futures to cocoa ratio is 2.906 Nickel Futures at $17,090.63 per Metric Ton divided by Cocoa at $5,881.50 per Metric Ton.

Prices as of Aug 24, 2026, 12:19 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Cocoa ratio

2.906+43.41% / 1Y

1.000 T of nickel futures = 2.906 T of cocoa

Inverse (CC/NICKEL-FUT): 0.3441 — one Metric Ton of cocoa buys that much nickel futures.

Close to the middle of its 1 year range. (41th percentile of the last 1 year)

Nickel Futures

$17,090.63

per Metric Ton

Cocoa

$5,881.50

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cocoa per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:19:47 GMT.

1Y average

49.31

median 3.251

1Y low

1.886

Aug 24, 2025

1Y high

16358

Nov 25, 2025

Normal band

0.000–911.9

mean ± 1 std dev

Deviation from mean

-0.05σ

358 observations

Nickel Futures to Cocoa ratio charts

Pick a range once — it applies to the NICKEL-FUT/CC ratio line, the OHLC candles and the Nickel Futures / Cocoa price chart below.

NICKEL-FUT/CC ratio line

How many T of Cocoa one T of Nickel Futures buys, over 1Y.

NICKEL-FUT/CC ratio candles

Open, high, low and close of the NICKEL-FUT/CC ratio for each period in the last 1Y.

Nickel Futures and Cocoa prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the nickel futures to cocoa ratio

Nickel Futures to Cocoa ratio = Nickel Futures price per Metric Ton ÷ Cocoa price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $17,090.63 ÷ $5,881.50 = 2.906. The inverse is 0.3441.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the nickel futures to cocoa ratio today?

The nickel futures to cocoa ratio is 2.906 — Nickel Futures at $17,090.63 per Metric Ton divided by Cocoa at $5,881.50 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to cocoa ratio?

Divide the nickel futures price per Metric Ton by the cocoa price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of cocoa per Metric Ton of nickel futures.

What is the inverse of the nickel futures to cocoa ratio?

The inverse, cocoa to nickel futures, is 0.3441 — how many Metric Tons of nickel futures one Metric Ton of cocoa buys.

Nickel Futures to Cocoa Ratio — 2.906 Today | CommodityPriceAPI